The chain's chairman, Eddie Lampert, made a last-minute, $4.6 billion bid to buy the retailer out of bankruptcy.
The chain's chairman, Eddie Lampert, made a last-minute, $4.6 billion bid to buy the retailer out of bankruptcy.
As the original 'everything store' attempts to restructure under bankruptcy protection, most of its large apparel suppliers won’t be bleeding cash — they’ve been preparing for this moment.
As the original 'everything store' attempts to restructure under bankruptcy protection, most of its large apparel suppliers won’t be bleeding cash — they’ve been preparing for this moment.
The plan will reduce its pre-bankruptcy debt obligations by more than $1 billion, providing $105 million cash recovery to stakeholders.
The plan will reduce its pre-bankruptcy debt obligations by more than $1 billion, providing $105 million cash recovery to stakeholders.
This week, everyone will be talking about Sephora's first beauty convention, a potential Sears bankruptcy and runway shows in Shanghai, Seoul and Tokyo. Read our BoF Professional Cheat Sheet.
This week, everyone will be talking about Sephora's first beauty convention, a potential Sears bankruptcy and runway shows in Shanghai, Seoul and Tokyo. Read our BoF Professional Cheat Sheet.
The magazine’s president and chief revenue officer say controversial longtime owner Peter Brant is out, and a new cost-conscious era is in. But can Interview rid itself of its baggage?
The magazine’s president and chief revenue officer say controversial longtime owner Peter Brant is out, and a new cost-conscious era is in. But can Interview rid itself of its baggage?
The French fashion house, which has been falling on hard times, is filing for bankruptcy protection.
The French fashion house, which has been falling on hard times, is filing for bankruptcy protection.
With $214 million in debt due in 2019, Charlotte Russe was facing extinction. Chief executive Jenny Ming reveals how she secured a lifeline and hatched a turnaround plan for the teen retailer.
With $214 million in debt due in 2019, Charlotte Russe was facing extinction. Chief executive Jenny Ming reveals how she secured a lifeline and hatched a turnaround plan for the teen retailer.
Bon-Ton has received an acquisition offer from an investor group, two months after the department store-chain filed for bankruptcy protection.
Bon-Ton has received an acquisition offer from an investor group, two months after the department store-chain filed for bankruptcy protection.
The company plans to sell the Nine West and Bandolino footwear and handbag businesses to Authentic Brands Group.
The company plans to sell the Nine West and Bandolino footwear and handbag businesses to Authentic Brands Group.
The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.
The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.
The luxury shoes and accessories brand plans to liquidate its operations in the country after losing over $6 million in 2017.
The luxury shoes and accessories brand plans to liquidate its operations in the country after losing over $6 million in 2017.
The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.
The underlying problem of weak demand is expected to dog the apparel industry for years, meaning more store closures and more bankruptcies lie ahead — with or without Amazon.
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.